NOT LISTED FOR SALE

875 E Shore Dr Summerland Key, FL 33042

Estimated Value: $2,907,000 - $3,688,000

3 Beds
3.5 Baths
2,664 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,900,000 $713 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $18,400/month

232 Days on Market

Highlights

  • Airstrip
  • Dock made with wood
  • Newly Remodeled
  • Ocean Front
  • Sandy Beach
  • Concrete Pool

About This Home

As of August 2020

Stunning watercolor views from this beautiful Oceanfront home. This custom concrete block constructed home is recently completed, and was designed with clean lines to enjoy the Keys lifestyle. Enter through the private gate and winding driveway, with pavers embellishing the outdoor areas.The pool is the perfect place to enjoy the sunshine and Atlantic Ocean views or relax in after a day of fun on the water. Boaters will appreciate the deep-water dockage that offers direct access, & could not get better than this. The boat dock stretches out into the Ocean, and the dock gazebo is the perfect place to relax in the shade at water's edge. The beach shoreline gives easy access for kayaks & paddle boarding. Plenty of room on this property to add guest quarters and a free standing garage.

Last Agent to Sell the Property

Lee Sanders / Sunnie SanLorenzo

KeyIsle Realty - Florida Keys License #619961 Listed on: 12/09/2019

Co-Listed By

Lee Sanders SanLorenzo

Century 21 Global Properties

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,472

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Home Design

  • Metal Roof

Interior Spaces

  • 2,664 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Airstrip
  • Dock made with wood
  • Balcony
  • Patio
  • Gazebo

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Summerland Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00196550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,472

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None, Other
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9472.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 2018
  • Alternate Key Number: 1258229
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 17190.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2664.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top, Storage, Walk-in Closet(s), Tray Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sandy Beach, Privacy Wall/Fence, Gazebo
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00196550-000000
  • Lot Size: 275 x 60
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Debra Jensen Living Trust
Bought by
St Michael Llc
Current Estimated Value
$3,219,567

Purchase Details

Closed on
Dec 17, 2020
Sold by
Jensen Kenneth D and Jensen Debra A
Bought by
Jensen Debra A and Jensen Kenneth D

Purchase Details

Listed on
Dec 9, 2019
Closed on
Aug 10, 2020
Sold by
Ryan Thomas D and Ryan Carrie S
Bought by
Jensen Kenneth D and Jensen Debra A
Seller's Agent
Lee Sanders / Sunnie SanLorenzo
KeyIsle Realty - Florida Keys
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$2,350,000
Sold Price
$1,900,000
Premium/Discount to List
-$450,000
-19.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Feb 28, 2006
Sold by
Ryan Thomas D and Ryan Carrie S
Bought by
Ryan Thomas D and Ryan Carrie S

Purchase Details

Closed on
Jun 30, 2005
Sold by
Phelps James W and Phelps Joan E
Bought by
Ryan Thomas D and Ryan Carrie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 1, 1984
Bought by
Ryan Thomas

Purchase Details

Closed on
Apr 1, 1978
Bought by
Ryan Thomas
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
St Michael Llc -- None Listed On Document
St Michael Llc -- None Listed On Document
Jensen Debra A -- Accommodation
Jensen Kenneth D $1,900,000 Closing Department Inc
Ryan Thomas D -- None Available
Ryan Thomas D $1,200,000 Chicago Title Of Fl Key Inc
Ryan Thomas $70,000 --
Ryan Thomas $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Thomas D $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $1,900,000 -19.1% $713 / Sq Ft
12/09/2019 12/09/19 For Sale $2,350,000 -- $882 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,569 $2,517,430 $1,457,717 $1,059,713
2023 $17,569 $2,403,760 $1,375,549 $1,028,211
2022 $15,545 $2,005,330 $973,840 $1,031,490
2021 $14,161 $1,507,387 $578,218 $929,169
2020 $10,066 $1,056,457 $580,592 $475,865
2019 $9,473 $1,034,900 $553,518 $481,382
2018 $4,120 $431,885 $424,120 $7,765
2017 $4,453 $477,691 $0 $0
2016 $4,445 $512,305 $0 $0
2015 $4,185 $466,705 $0 $0
2014 $3,705 $350,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588605

Florida Keys Board of REALTORS®

APN: 00196550-000000